Zhejiang Yingfeng Technology Balance Sheet Health
Financial Health criteria checks 2/6
Zhejiang Yingfeng Technology has a total shareholder equity of CN¥1.2B and total debt of CN¥776.0M, which brings its debt-to-equity ratio to 67.4%. Its total assets and total liabilities are CN¥2.5B and CN¥1.3B respectively. Zhejiang Yingfeng Technology's EBIT is CN¥45.0M making its interest coverage ratio 2.3. It has cash and short-term investments of CN¥277.6M.
Key information
67.4%
Debt to equity ratio
CN¥776.00m
Debt
| Interest coverage ratio | 2.3x |
| Cash | CN¥277.63m |
| Equity | CN¥1.15b |
| Total liabilities | CN¥1.35b |
| Total assets | CN¥2.50b |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Zhejiang Yingfeng Technology Co., Ltd.'s (SHSE:605055) Prospects
Dec 11
Investors Could Be Concerned With Zhejiang Yingfeng Technology's (SHSE:605055) Returns On Capital
Oct 03Zhejiang Yingfeng Technology Co., Ltd. (SHSE:605055) Doing What It Can To Lift Shares
Jun 06The Strong Earnings Posted By Zhejiang Yingfeng Technology (SHSE:605055) Are A Good Indication Of The Strength Of The Business
May 01Zhejiang Yingfeng Technology Co., Ltd.'s (SHSE:605055) Shares Not Telling The Full Story
Mar 05Financial Position Analysis
Short Term Liabilities: 605055's short term assets (CN¥494.2M) do not cover its short term liabilities (CN¥1.2B).
Long Term Liabilities: 605055's short term assets (CN¥494.2M) exceed its long term liabilities (CN¥114.1M).
Debt to Equity History and Analysis
Debt Level: 605055's net debt to equity ratio (43.3%) is considered high.
Reducing Debt: 605055's debt to equity ratio has increased from 39.4% to 67.4% over the past 5 years.
Debt Coverage: 605055's debt is well covered by operating cash flow (47.5%).
Interest Coverage: 605055's interest payments on its debt are not well covered by EBIT (2.3x coverage).